Institutional Repository | Satya Wacana Christian University: Mekanisme Good Corporate Governance, Kondisi Financial Distress, dan Voluntary Disclosure

ABSTRACT

This study examines the mechanism of good corporate governance and
financial distress conditions on the voluntary disclosure in the annual report.
Implementation of good corporate governance by companies, proxied by several
indicators such as managerial ownership, institutional ownership, board of
commissioners, and audit committees. The sampling method used in this study
was purposive sampling. The sample consists of 53 manufacturing companies
listed on The Indonesia Stock Exchange. The results showed that the board of
commissioners have significant effect on the voluntary disclosure. While
managerial ownership, institutional ownership, audit committees, and financial
distress

does

not

significantly

influence

voluntary

disclosure.

Keywords: good corporate governance, financial distress, voluntary disclosure.